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January 31, 2001
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Money > Stocks > Technicals > Daily technicals January 31, 2001 |
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Trading strategy for February 1, 2001BSE Sensex: The level of 4410 would act as a resistance level in the short-term. On the lower side, it has a good support at 4200 level. Wipro: The stock has made an intra-day double top at Rs 2900, which would act as an immediate resistance. The position in the counter would improve above this level. Long positions can be taken above this level with Rs 2750 as a stop loss. Zee: The stock has been moving sideways. It has an immediate resistance at Rs 273, above which long positions can be taken with a stop loss of Rs 260. DSQ Software: This stock too has made a double top at Rs 440, above which the outlook in the stock will improve significantly. It has an immediate base at Rs 400. Digital: The stock continues to be good even in the short-term. It has an immediate support at Rs 665. The outlook will further improve above Rs 680. Arc Investment & Consulting
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